(Quebec) The Quebec government has made alternative solutions in the event that Ottawa would choose not to invest in the CSeries aircraft program Bombardier said Thursday the Minister of Transport, Jacques Daoust.
Mr. Daoust said in this case, Quebec require Bombardier liquidity to ensure its investment of US $ 1 billion in the project.
“The scenario also provides that if it is not we will proceed differently, but we will continue to support Bombardier,” said he said during an exchange with the parliamentary press.
On Wednesday, the Federal Minister of Innovation, Science and Economic Development, Navdeep Bains, acknowledged receipt of a request for funding of $ 1 billion made by the company last December.
At a press conference before question period, Mr. Daoust stated that it is precisely assistance of US $ 1 billion, equivalent to the amount that Quebec is about to inject into the CSeries.
“It’s US $ 1 billion, like us, he said. This would be the third partner would be the ideal partner for launching this machine that one. ”
However, in its decision to invest in the project, Québec has planned an alternative, in case the federal government would resist calls to the company and the Quebec government.
“We are able to find other solutions to that and we provided them in the agreement we have with them,” he said.
Reporters, Mr. Daoust explained that more guarantees could then be claimed from the company, as part of the subsidiary to be established with the CSeries program.
“Bombardier is going to give us guarantees, he said. It could be available liquidity unquestionably within society. ”
Furthermore, Mr. Daoust welcomed the intention of Ottawa to review the law that requires Air Canada to operate a service center in Montreal.
“We managed aircraft 30 years, which had been built 60 years ago and also let us remember that this bill there that talked about did not include Montreal Mirabel, at the time, which essentially became the center “, he said.
As part of the transaction by which Air Canada has announced its intention to purchase 45 CSeries, Quebec has agreed to waive its legal action against Air Canada for the maintenance of heavy maintenance operations in Montreal, in exchange for a commitment by the carrier to maintain its CSeries in Quebec.
Meanwhile, Ottawa has decided to amend the Public Participation Act, Air Canada that requires the company to do the heavy maintenance of its aircraft in three Canadian cities, including Montreal.